Here’s Why More iPhones, Other Premium Handsets Could Now Be Made in India

Here’s Why More iPhones, Other Premium Handsets Could Now Be Made in India

India expects to manufacture more mobile phones this year after the government eliminated import tariffs on some components used to assemble high-end phones from global companies such as Apple, a tax official told Reuters on Friday. Indian mobile phone exports nearly doubled year-on-year to $5 billion (roughly Rs. 40,960 crore) between April-October in 2022, primarily … Read more

Budget 2023: BSNL to Use Allocated Fund for Upgrading to 4G, 5G Network

Budget 2023: BSNL to Use Allocated Fund for Upgrading to 4G, 5G Network

State-run BSNL will use about Rs. 53,000 crore in upgrading its network to 4G and 5G this year as well as revamping landline network across the country, Union Minister for IT and Telecom Ashwini Vaishnaw said on Wednesday. The Government has announced a capital infusion of Rs. 52,937 crore in BSNL during the next fiscal … Read more

Union Budget 2023: PLI, R&D tops wishlist of hardware companies – Times of India

Union Budget 2023: PLI, R&D tops wishlist of hardware companies – Times of India

Budget for 2023-24 is scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1. The government is likely to extend fiscal incentives new industries in the forthcoming budget as it looks to expand production linked incentive (PLI) scheme to cover more high-employment potential sectors. The scheme aims to make domestic manufacturing globally competitive … Read more